Frequently Asked Questions


1. What is Mint Hill Wealth Management?
We are a financial planning firm for physicians, dentists, and their families. We have 3 advisors serving 250+ clients in 39 different states. Our job is to serve as your family’s Chief Financial Officer, helping you navigate each stage of your financial journey.

2. Are you independent?
Yes. Our firm operates independently and is not tied to any specific insurance or investment group.

3. Are you a fiduciary?
Yes. We hold ourselves to the fiduciary standard which legally obligates our firm to act in our clients’ best interests and only provide recommendations suited for them.

4. Why do you focus on physicians and dentists?
Because your financial journey is different than most. On average, you start your career much later and carry significantly more debt than your peers in other lines of work. Eventually, you earn a higher income, but this leaves you with higher taxes and a shorter time horizon to meet your financial goals. Your situation requires a specialist, and our firm is designed to meet this need relative to your specialty, practice type, and career phase.

5. Do you work with clients who are not physicians or dentists?
Yes. We work with many clients who are not physicians or dentists. Most of these have come to us via referral from existing clients, and we are pleased to serve them.

6. Who would I be working with?
Your primary contacts will be Jake Stevenson (Financial Advisor) and Barb Dodge (Client Services Manager). 

7. How do you get compensated?
Our firm receives compensation in 3 ways:
1) Advisory Fee: We charge an annual advisory fee for financial planning. This typically ranges from $2,500 – $5,000 per year based on the complexity of your situation, and is billed quarterly. 
2) Asset Management Fee: We assess an annual fee for the investment assets we manage on your behalf. This starts at 1% (billed quarterly at 0.25%) and declines at specific break points above $1,000,000 in assets managed. Once your Asset Management Fee exceeds your Advisory Fee, the Advisory Fee goes away.
3) Transactional Business: If you implement insurance or alternative investment business through our firm, we receive a commission directly from the carrier or fund. 

8. What if you don’t add value?
If you decide for any reason that our firm has not added value, we will return the previous year’s advisory fee to you at your request.

9. How often will we meet?
We typically meet with new clients 2-3 times in the first several months to establish a financial plan, and then 1-4 times per year for review meetings based on need thereafter. 

9. What are meetings like? 
Most of our meetings are conducted via Zoom video conference and last about an hour. However, in you live in Omaha or Charlotte, we’re happy to meet with you in person. 

10. What do I need to prepare for the first meeting? The goal of the first meeting is to get to know each other better, answer your questions, and mutually determine if we’re a good fit for your situation. This meeting tends to be pretty informal, and lasts about 30-60 minutes. While you are welcome to send financial details over ahead of time, this is not a requirement – we’ll be able to gather the information needed throughout the conversation. If you decide to move forward, we will send a secure file to gather your financial documents.

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